Showing 1 - 10 of 17
Budget tightened amid crisis focus
Business, Wichit Chantanusornsiri, Published on 21/04/2026
» Prime Minister Anutin Charnvirakul has ordered that the fiscal 2027 budget be aligned with current crisis conditions, prioritising cuts to non-essential spending and limiting requests for additional budget allocations by government agencies to investment spending only.
Official calls for rejig of 2026 budget
Business, Wichit Chantanusornsiri, Published on 22/09/2025
» The government is being urged to revise its 2026 budget strategy by trimming around 200 billion baht of "non-essential" spending to accommodate the incoming wave of foreign investment flowing out of China as a result of pressure from US President Donald Trump's policies.
Trump effect mixed for Thailand
Business, Wichit Chantanusornsiri, Published on 23/01/2025
» Trump 2.0 policies, referring to strategies utilised by the US president in his second term, are expected to impact products such as computers, equipment and components, electronic devices, rubber products, and agricultural goods.
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.
More fiscal measures on the cards
Business, Wichit Chantanusornsiri, Published on 07/05/2024
» The Finance Ministry plans to study fiscal measures that can create economic momentum following the implementation of the digital wallet stimulus project.
Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
Cannabis importer summoned
News, Wichit Chantanusornsiri, Published on 27/07/2022
» The Customs Department director-general has assigned a representative to file a complaint with police against an individual going by the name Julpaos Kresopon for making a false declaration to customs authorities regarding the type of goods he was importing.
GH Bank: Interest rates low for 3 years
Business, Wichit Chantanusornsiri, Published on 08/03/2021
» State-owned GH Bank expects domestic interest rates will remain low over the next three years, providing a golden opportunity for people wanting to own their own homes.
Four firms' shares to seek bids
Business, Wichit Chantanusornsiri, Published on 26/02/2020
» The State Enterprise Policy Office (Sepo) will put up for auction the shares of four more companies by September, part of a planned divestment of non-listed firms in which the Finance Ministry owns less than a 50% stake.
Good governance sorely lacking at state-run banks
News, Wichit Chantanusornsiri, Published on 25/07/2019
» During parliamentary debates on the Prayut Chan-o-cha government's policy statement, scheduled for tomorrow and Friday, the state-run Krung Thai Bank's (KTB) 9.9-billion-baht loan scandal will likely be taken up by the opposition targeting one cabinet member, Finance Minister and Palang Pracharath Party (PPRP) leader Uttama Savanayana. When the loan was approved in 2003, Mr Uttama was an executive board member of the bank.